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Chuks Udo Okonta
Bus54, the leading online bus booking platform in Nigeria, has announced a new partnership with Cornerstone Insurance Plc, a major insurance company in Nigeria. Under the terms of the agreement, passengers booking on Bus54 platform will be covered by travel insurance from Cornerstone Insurance.
This partnership aims to provide a seamless travel experience for passengers by offering them the assurance and protection they need while traveling. Passengers will now have access to travel insurance coverage as part of their booking process on Bus54, giving them peace of mind as they embark on their journey.
The travel insurance product provides cover for accidental medical treatment, theft of checked-in personal effect and transport of mortal remains in the event of a fatal accident during the journey. There is also an additional life insurance payment to the family of the passenger.
“We are excited to partner with Cornerstone Insurance to provide our passengers with travel insurance coverage,” said Ezra Anajonu, Co-Founder/CEO, Bus54.
“This partnership reflects our commitment to enhancing the travel experience of our passengers by providing them with innovative solutions that ensure their safety and convenience.”
Speaking on the partnership, Stephen Alangbo, Executive Director Technical, Cornerstone Insurance Plc said, “We are delighted to partner with Bus54 to offer travel insurance coverage to passengers on their platform. We believe this partnership will enable us to extend our services to more Nigerians and support the growth of the transportation industry in the country.”
This partnership is a significant step towards creating a safer and more convenient travel experience for Nigerians. Bus54 and Cornerstone Insurance Plc are committed to ensuring that passengers have access to innovative solutions that provide them with the assurance and protection they need while traveling.
For more information, please contact Bus54 or Cornerstone Insurance Plc.
Contact:
Bus54
Email: info@bus-54.com
Phone: +2349168113561
Cornerstone Insurance Plc
Email: enquiries@cornerstone.com.ng
Phone: +23412806500
About Bus54
Bus54 is a mobility technology company providing a platform to aggregate intercity bus transportation in Africa, allowing passengers to search, compare, book, and manage their journeys online. The platform enables transport operators to manage their end-to-end operations from a secure portal with no need for additional investment in IT software or hardware, and an additional channel to sell their tickets.
About Cornerstone Insurance Plc
Cornerstone Insurance Plc. was Incorporated on 26th July 1991 as a private limited liability company and became a Public Limited Liability, quoted on the Nigerian Stock Exchange in 1997. Our organization was established to conduct Insurance business in a professional, ethical and customer-focused manner and has remained committed to these values over the years.
The Company is licensed and re-certified by the National Insurance Commission (NAICOM) to do both General and Life businesses and the classes of Insurance business we currently undertake include the following: Motor Vehicle, Aviation, Marine, Engineering All Risks, Asset Protection, Liability to Third Party, Oil & Gas, Group Life, Credit Life, Mortgage Protection, Term Assurance, Wealth Creation Products and Takaful (Islamic Insurance).
The company’s Authorized Share Capital and Market Capitalization is ₦9.25 billion and ₦5 billion respectively, while the Shareholders’ Funds is ₦14.8 billion as at December 2021. The total assets of the company are in excess of ₦40.4 billion.
At Cornerstone, we remain committed to both our core values of Integrity, Empathy, Professionalism, Innovation, and Team Spirit and our continued mission of delivering value beyond expectations through needs-based products and quality service.
Cornerstone Insurance Plc. Is the first insurance company in Nigeria to provide customers with an online platform for insurance transactions.
Little wonder why Cornerstone Insurance Plc. was adjudged as the ‘Best use of Technology, Insurance Company, 2016, Nigerian Technology Awards.
Our services are technology driven by cutting edge Insurance applications. These services are accessible with ease through the internet and/or mobile technology.
